SCHEDULES
SCHEDULE 9Insurance companies etc
Transfers of business: references to accounting period ending with day of transfer
20
1
Section 12 of ICTA (corporation tax: basis of, and periods for, assessment) is amended as follows.
F22
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F13
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F14
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F15
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F36
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
The amendments made by sub-paragraphs (2) to (5) have effect in relation to insurance business transfer schemes taking place on or after 16th March 2005.
8
The amendment made by sub-paragraph (6) has effect where the accounting period for which the net amount represents an excess of losses over gains is an accounting period beginning on or after 1st January 2003.